September 6, 2018 (Dulles, VA) – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, and CloudHealth Technologies, trusted cloud management platform provider, today announced that they have furthered their partnership with a technology integration that provides customers with end-to-end multi-cloud cost control and visibility.

More than $12.9 billion will be wasted on unused cloud resources this year – which means public cloud users have an immediate need for automated savings and governance. Customers leveraging ParkMyCloud and CloudHealth’s integrated solution are empowered to reduce this cloud waste – in fact, customers already using both platforms currently save an average of more than $25,000 monthly on their cloud bills.

ParkMyCloud’s SmartParkingTM recommendations to optimize resource on/off time, which can be actioned for savings in a matter of clicks, now manageable through the CloudHealth platform

CloudHealth’s recommendations to optimize public and private cloud resources with complete security

Analytics and reporting on spending and savings by environment, department, application, resource and more, providing visibility to make smarter business decisions.

“What we need to manage and optimize our cloud environments is cost control, user governance, and detailed reporting,” said Melanie Metcalfe, Director of Project Support at Foster Moore. “It makes our cloud operations simpler and easier when solutions from different vendors are integrated out of the box, and we’re glad to see CloudHealth and ParkMyCloud making this a reality.“

“We’re seeing a trend of more and more companies using multiple clouds,” said ParkMyCloud CEO Jay Chapel. “What single- and multi-cloud customers have in common are skyrocketing bills, and they don’t have the time or resources to control these costs. We solve this problem by providing an automated cost control solution. By combining this with CloudHealth’s visibility and governance, customers can achieve end-to-end cloud cost optimization and governance.”

This announcement continues the momentum in the multi-cloud management space kicked off by last week’s news that VMware will acquire CloudHealth to provide multi-cloud operations at a global scale.

ParkMyCloud is a SaaS platform that automatically identifies and eliminates public cloud resource waste, reducing spending by 65% or more — think “Nest for the cloud.” AWS, Azure, Google Cloud, and Alibaba Cloud users such as McDonald’s, Sysco, Unilever, Fox, and Sage Software have used ParkMyCloud to cut their cloud spending by millions of dollars annually. ParkMyCloud helps companies like these optimize and govern cloud usage by integrating cost control into their DevOps processes. For more information, visit https://www.parkmycloud.com.

CloudHealth Technologies provides the world’s most trusted software platform for accelerating business transformation in the cloud. More than 3,500 organizations globally rely on CloudHealth to manage over $5B in combined cloud spend, based on the platform’s ability to easily manage cost, ensure security compliance, improve governance and automate actions across multi-cloud environments. Known for offering the highest levels of data integrity throughout an organization’s entire cloud journey, CloudHealth is the platform of choice for leading enterprises and service providers, such as Pinterest, Yelp, Dow Jones, Zendesk, Skyscanner and SHI. With offices around the globe, the company is backed by Kleiner Perkins, Meritech, Sapphire Ventures, Scale Venture Partners, .406 Ventures and Sigma Prime Ventures.

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About Katy Stalcup

Katy Stalcup is the Director of Marketing for ParkMyCloud, where she’s responsible for a wide variety of content development, campaigns, and events. Since ParkMyCloud's founding, she's evangelized its message of simple cost savings and automation (seriously, in the words of one of our customers, "There is literally no reason not to use ParkMyCloud"). Katy is a Northern Virginia native who is happy to contribute to the region’s growing reputation as an East Coast gathering point for technology innovation - particularly as a graduate of the Alexandria, VA Thomas Jefferson High School for Science and Technology. She also earned bachelor’s degrees in communication and psychology from Virginia Tech. In her free time, she enjoys reading novels, playing strategy board games, and travel both near and far.
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